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peak oil

Transition network: dealing with the end of cheap oil.

Fifty years ago, the world was consuming 4 billion barrels of oil per year and the average discovery was around 30 billion. Today we consume 30 billion barrels per year and the discovery rate is approaching 4 billion barrels of crude per year.

Asia Times, May 4, 2005

So, we are at the end of the cheap oil era. Many organisations that want to deal with this fact are sprouting.

I just came across one such organisation: the Transition Network.
http://www.transitionus.org/
http://www.transitiontowns.org/

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